Aurea Mining Inc.

Aurea Mining Inc.

November 04, 2005 17:00 ET

Aurea Mining Inc. Receives Funding from Insiders

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Nov. 4, 2005) -


Aurea Mining Inc. (TSX VENTURE:MXA) ("the Company") wishes to inform that it has received loans from three companies controlled by Directors of the Company, receiving an aggregate principal amount of $150,000.

The loans are evidenced by promissory notes that bear interest at a rate of the Bank of Montreal Prime Rate plus 2% per annum, calculated on an annual basis. These transactions are subject to the approval of the TSX Venture Exchange.

The principal amount plus accrued interest is payable sixty days from the date of issue. On or after the Maturity Date the lenders may elect to convert all indebtedness represented by the promissory notes into common shares of the Company at a price per common share equal to the weighted average closing price of the Borrower's common shares on the TSX Venture Exchange for the previous 20 trading days.

This funding will be destined for general working capital and the continuation of the Company's exploration program.

Aurea Mining Inc., via its wholly-owned subsidiary headquartered in Mexico City, is actively exploring for gold within its 100% owned land position in the gold-rich area of southern Mexico known as the Guerrero Gold Belt, in Guerrero State, Mexico. Aurea's land position engulfs 11 intrusions with similar geological settings as the El Limon-Los Guajes, Ana Paula, Nukay, Los Filos, El Bermejal and La Verde that are respectively under exploration and development by Teckcominco, Goldcorp, and Grupo Mexico.

For further information please visit our web site or contact the undersigned.

On behalf of the Board of Directors

Aurea Mining Inc.

Salvador Miranda, Chief Financial Officer

This news release may contain forward-looking statements regarding future exploration programs and events. Actual results may differ materially from those currently anticipated in such statements.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.

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